Apple become 'largest online music company in the world'.(Brief Article)

TV Meets the Web, May, 2003

TV MEETS THE WEB-(C)2003 Van Dusseldorp & Partners - http://www.vandusseldorp.com/

Following reports that Apple's online iTunes Music Store had sold an estimated 275,000 tracks during its first 18 hours of operation, Apple has announced it has now reached another major milestone - over 1m songs sold by the end of the first week.

Significantly, over half the songs sold online were purchased in the form of albums, helping to alleviate concerns that facilitating music being sold on a per-track basis would be the death of album sales. Also interesting was that over half half of the the 200,000 songs offered on the iTunes Music Store were purchased at least once.

Apple reported that over 1m copies of iTunes 4 have been downloaded and that it has...

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